Canadian Mining Journal

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URANIUM EXPLORATION – Moore Lake Yields 7%

SASKATCHEWAN - JNR RESOURCES and INTERNATIONAL URANIUM CORP., both of Vancouver, report high uranium grades from t...


SASKATCHEWAN – JNR RESOURCES and INTERNATIONAL URANIUM CORP., both of Vancouver, report high uranium grades from the current diamond drilling program on the Moore Lake project in the Athabasca Basin. The latest geochemical assays from two holes assayed as high as 7.02% U3O8.

In the Maverick zone, hole ML-55 intersected 5.14% U3O8 over 6.2 metres, including the 4.4-metre interval of 7.02%. Hole ML-54 cut 3.5% U3O8 over 5.0 metres, included a 2.5-metre interval of 6.52%. ML-54 also returned 2.4 g/t Au over the same 5.0 metres. The mineralization in both holes is associated with pitchblende in a sandstone matrix.

International Uranium can earn a 75% interest in the Moore Lake project. Learn more by visiting the company’s web site at www.IntlUranium.com.


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